Why is information sharing important in cybersecurity?

Cyber criminals find new software vulnerabilities and attack vectors every day. Cybersecurity experts are faced with an ongoing challenge to keep up. If peers open up to proactively share information–also known as intelligence sharing–it can help strengthen our collective resilience and reactivity to potential threats.

What is the purpose of a cyber security program?

What is an Information Security Program? A cyber security program is a documented set of your organization’s information security policies, procedures, guidelines, and standards. Your security program should provide a roadmap for effective security management practices and controls.

What causes vulnerability in cyber security?

What is a cybersecurity vulnerability and how is it different from a cybersecurity threat? Very rarely are cyber vulnerabilities created as a result of actions taken by cybercriminals, instead, they are usually caused by operating system flaws or network misconfigurations.

What are the two concerns about using public information sharing centers?

Two concerns about public information sharing centers are the privacy of shared information and the speed at which the information is shared.

Why security programs are needed?

Your information security program practices allow you to safeguard key business processes, IT assets, and employee data from potentially prying eyes. It also identifies individuals or technological assets that may impact the security or confidentiality of those assets.

Why do we need to perform a cyber risk assessment?

The primary purpose of a cyber risk assessment is to keep stakeholders informed and support proper responses to identified risks. They also provide an executive summary to help executives and directors make informed decisions about security.

What do you think is the impact of vulnerability?

The impact type of vulnerability describes the type of harm an attack could cause if the vulnerability were exploited. An attacker exploiting this vulnerability could assume greater privileges on a compromised system, allowing them to potentially destroy data or take control of computers for malicious purposes.

Are securities issuers required to disclose cybersecurity risks and incidents?

The guidance emphasized the fact that a number of general securities disclosure requirements can impose a duty upon securities issuers to disclose cybersecurity risks and incidents. The 2018 guidance listed three primary examples.

How does the SEC regulate cybersecurity?

The SEC has two main independent bases for regulating cybersecurity issues. First, the SEC seeks to ensure transparency and full disclosure in the securities marketplace.

Why do public companies need cybersecurity risk assessments?

The October 2018 report underscored the need for both public companies and regulated entities to consider cybersecurity risks when designing, maintaining, and implementing effective internal accounting controls.

What does China’s zero-day vulnerability law mean for security?

To spell that out, according to experts: Under this law, China will compel certain security researchers and companies to disclose zero-day vulnerabilities to MIIT, while the sources of those flaws will be severely limited in who else they can share the information with.